In a move that feels more like satire than federal policy, the U.S. Treasury Department has officially opened the door for citizens to chip away at the nation’s staggering $40.7 trillion debt — one Venmo payment at a time.
The initiative, part of an effort to “modernize” government payment systems and appeal to younger, app-happy citizens, now allows anyone with a PayPal or Venmo account to voluntarily donate money to help the federal government pay its bills — the same federal government that spends over $10 billion a day on Ukraine, Israel and other frivolous expenses.
Through the Bureau of the Fiscal Service’s long-running (and little-known) “Gifts to Reduce the Public Debt” program, patriotic citizens can now skip brunch and instead send Uncle Sam a few bucks from their phones. Just head over to Pay.gov, fill out a form, and Venmo your country — presumably with a note that says “For national collapse.”
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In case you’re wondering, this isn’t a joke or a stealth fundraiser by The Babylon Bee. It’s a real, official channel where the U.S. government is asking for donations in the form of money, government securities, or other “intangible personal property.”
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The Treasury says this effort is aimed at engaging “younger, tech-savvy Americans” — a generation already crushed under housing costs and inflation, and now being asked to help patch up a $40 trillion hole they didn’t dig.
In fiscal year 2022, Americans generously donated $180,310.32 to the national debt. For perspective, that amount would pay off about 0.0000000044% of the total. So… almost there.
Venmo’s Help Center assures users their accounts can be used for receiving everything from tax refunds to Social Security checks — and now, apparently, for giving money back to the very government that issued them.
Catalis Payments executive Rabin Sawh called the move a smart step toward modernization, saying: “Offering Venmo as a payment option indicates that governments understand and respect these preferences.” Translation: You may not get healthcare, but at least you can help fund the deficit in real-time from your phone.
So if you’ve got a few bucks lying around after rent, gas, groceries, and taxes — and nothing better to do with them — the government is standing by. Just remember to tag your donation:
“@US-Treasury — for that $40 trillion IOU.”
